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Exhibit 32-4 -Refer to Exhibit 32-4. If Producers of This Good Engage

Question 107

Multiple Choice

Exhibit 32-4
Exhibit 32-4    -Refer to Exhibit 32-4. If producers of this good engage in rent seeking which results in the government imposing a price floor of P?,then consumers' surplus ends up being area A)  D + E B)  A + B + C + D + E C)  A + B + C D)  C + E E)  A
-Refer to Exhibit 32-4. If producers of this good engage in rent seeking which results in the government imposing a price floor of P?,then consumers' surplus ends up being area


A) D + E
B) A + B + C + D + E
C) A + B + C
D) C + E
E) A

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